Ms. Dana Landry reports

DHX MEDIA ANNOUNCES PRICING OF UPSIZED OFFERING OF SENIOR UNSECURED NOTES; C$175 MILLION OF 5.875% SENIOR UNSECURED NOTES DUE 2021

DHX Media Ltd. has priced its previously announced offering of senior unsecured notes.

DHX Media will issue $175-million in total principle amount of 5.875-per-cent senior unsecured notes due seven years from the date of closing.

The notes will be offered on a private placement in Canada under available prospectus exemptions. The notes will also be offered in the United States to qualified institutional buyers under Rule 144A under the United States Securities Act of 1933, as amended, and outside the United States to non-U.S. persons as defined in and in accordance with Regulation S under the Securities Act. The notes have not been and will not be registered under the Securities Act and may not be offered or sold in the United States absent registration under the Securities Act or an applicable exemption from the registration requirements of the Securities Act.

The offering is expected to close on or about Dec. 2, 2014, subject to customary closing conditions.

DHX Media intends to use the net proceeds from the offering, after deducting underwriting fees and estimated offering expenses, to repay indebtedness under its existing senior secured facilities.

Dana Landry, chief executive officer of DHX Media, stated, "We are very pleased with the response to our unsecured senior notes offering and believe it represents an important milestone in positioning DHX for continued growth."

We seek Safe Harbor.